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| 5.8 |  | **Lease Security Deposit and Supplemental Rent** |
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|  |  | The Seller in respect of an Aircraft shall, on the Delivery Date in respect of such
Aircraft, transfer (by way of permitted deduction from the Purchase Price in accordance with
Clause 5.3 (ii) and (iii)) to the Purchaser in respect of such Aircraft (or a Purchaser
Nominee which is the lessor of such Aircraft) (a) if held in cash, the Lease Security
Deposit (or if there is a letter of credit, such Seller shall transfer such issued letter of
credit or procure the issuance of a letter of credit acceptable to such Purchaser in respect
of such Lease Security Deposit to such Purchaser or such Purchaser Nominee) then held by
such Seller at the Delivery Date in respect of such Aircraft and (b) if Supplemental Rent is
payable under the relevant Lease in respect of such Aircraft, the accrued Supplemental Rent
amounts (but only to the extent not already made available, refunded or paid to the relevant
Lessee as required by the express provisions of the relevant Lease) to the extent then held
by such Seller at the Delivery Date in respect of such Aircraft. |
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| 5.9 |  | **Late Receipt of Rent or Supplemental Rent** |
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|  |  | If, after Delivery in respect of an Aircraft, the Seller of such Aircraft receives from the
Lessee in respect of such Aircraft any amount of Rent or Supplemental Rent payable by such
Lessee pursuant to the relevant Lease (notwithstanding the relevant Lease Novation), such
Seller shall procure that such Rent or Supplemental Rent is promptly and, in any case,